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Rising Sibor good for DBS but positives largely priced in, says RHB

PC Lee
PC Lee3/15/2018 11:53 AM GMT+08  • 2 min read
Rising Sibor good for DBS but positives largely priced in, says RHB
SINGAPORE (Mar 15): RHB expects the Singapore Interbank Offered Rate (Sibor) to increase in line with the Federal funds rate (FFR) hikes.
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SINGAPORE (Mar 15): RHB expects the Singapore Interbank Offered Rate (Sibor) to increase in line with the Federal funds rate (FFR) hikes.

This given the Monetary Authority of Singapore (MAS) is likely to stick to its monetary stance in its April policy statement.

However, DBS is not likely to gain from Sibor increases, as positives for the stock have largely been priced in, says RHB in a Thursday report.

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